Exchange rate pressures could affect interest rates

Exchange rate pressures could affect interest rates

Recent exchange rate pressures are expected to lead to an increase in interest rates, according to the SBV.
New independent director hopes to 'add value' to Techcombank

New independent director hopes to 'add value' to Techcombank

Eugene Keith Galbraith hopes to add value to Techcombank as it aims to become a top bank in the region.
Metro line 1 nears operation

Metro line 1 nears operation

The first metro line in Ho Chi Minh City, linking Ben Thanh Market in District 1 to Suoi Tien in Thu Duc, could be in operation by the end of the year.
MoIT advises caution over residential solar systems

MoIT advises caution over residential solar systems

The MoIT has advised caution over the deployment of residential solar systems, particularly those connected to the national grid.
Samsung and NIC to train 200 students

Samsung and NIC to train 200 students

Samsung and the National Innovation Centre kicked off the Samsung Innovation Campus in Hoa Lac Hi-tech Park on May 3.
Chinese director of wood firm detained for boiler explosion

Chinese director of wood firm detained for boiler explosion

Feng Yong, Chinese director of the wood processing firm in the southern province of Dong Nai where a boiler explosion killed six workers on May 1, has been detained.
MPI: Improving business environment key to recovery

MPI: Improving business environment key to recovery

Vietnam should focus on macroeconomic stability, inflation, and production rates to ensure a sustained economic recovery, according to the MPI.
UOB: USD likely to weaken against the VND

UOB: USD likely to weaken against the VND

The latest Global FX and Rate Outlook from UOB Global Economics and Markets Research dated May 3 expects the USD to weaken later this year.
Language platform Prep raises $7 million in Series A funding

Language platform Prep raises $7 million in Series A funding

Prep, a Vietnam-based language learning and test preparation platform, has raised $7 million in Series A funding.
Vietnam Airlines wipes out debt, posts record profit in Q1

Vietnam Airlines wipes out debt, posts record profit in Q1

Vietnam Airlines concluded the first quarter with a record net profit of over $179 million, putting an end to a streak of 16 consecutive quarters of losses.
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